Image Cash Letter - Check 21

Corporate Central Credit Union has put together a complete package to handle all your image presentment needs, along with a solution to handle all your items that are not image eligible. Our Image Cash Letter (ICL) enables you to tap into the largest image exchange network in the world. You reap the benefits of the largest scale exchanges without the expense of a large scale operation. In addition to the benefit of immediate availability of funds and low processing costs, our solution provides for the processing of foreign items, savings bonds, and all non image eligible items.

There are several key benefits to Corporate Central Credit Union’s ICL solution including:

• All in pricing, including: image receipt, image archive, image exchange, image replacement document creation (when necessary), image retrieval, and complete processing.
• Unbeatable immediate availability of funds – ICL files transmitted to our processing center settle directly in your account at Corporate Central Credit Union earning immediate dividends.
• Dramatic reduction in adjustments for encoding errors and missing items.
• No more encoding – automatic digital image encoding using courtesy and legal amount recognition (CAR/LAR) technology to recognize and "encode" the dollar amount value.
• Eliminate courier expenses for check delivery.
• Process the entire day’s work – no early cut-off to prepare cash deposits. ICL files can be transmitted 24x7. For next day, credit files can be transmitted as late as 9:00 pm CT.
• Flexible processing of multiple branch deposits – branch work can be consolidated then transmitted, or transmitted autonomously from each location.
• Immediate archive with 7-year retention and instant online retrieval of deposit images.
• Merchants or business accounts can be prepared with equipment and send files to your credit union for processing through our ICL service.
• Process and send files from anywhere in the world.

For more information regarding Image Cash Letter - Check 21, please contact a Relationship Development Officer.